Strategic Location: Only 512 km from sea ports in the Pacific
The geographical location of an investment is a strategic decision. In this sense, San Juan offers everything an investor can weigh in terms of location. The Province is located in the Argentine Republic, specifically in the Region of Cuyo and separated from the Republic of Chile by the Cordillera de Los Andes, near the main Pacific sea ports of the trans-andean country. The imminent construction of the Agua Negra Tunnel will strengthen the location of the province as an axis of territorial integration and the key core of the Central Bioceanic Corridor.
International Tunnel Paso de Agua Negra
In 2019 it is planned to begin the construction of one of the most important logistics and engineering works in the continent: International Tunnel Paso de Agua Negra, which will connect San Juan with the Coquimbo region in Chile, 365 days a year. The tunnel will be the key core of the Central Bioceanic Corridor (it represents 48% of the GDP of South America) that will link 2472 km from or to the port of Porto Alegre, in the Atlantic Ocean, in Brazil with the port of Coquimbo in the Pacific Ocean in Chile. This tunnel will contribute substantially with the connectivity of the province and the central zone of Argentina, empowering to greater territorial integration and economic and commercial growth.
Comparative advantages in natural resources
Due to its mountainous territory, San Juan is the owner of a unique metalliferous and non-metallic mining wealth in Argentina. Its continental desert climate with more than 300 days of sunshine per year, low humidity levels and favourable soil conditions, generate optimal possibilities for the development of fruit, olive growing and viticulture. In addition, its solar irradiation, permanent regime of winds in Cordillera and thermal manifestations, position San Juan as a potency for the development of alternative energies.
Accumulated growth 2003-2015 reached 174%. In 2015, the Gross Geographical Product was US $ 4,613,378.45 million. The participation of San Juan in the national GDP grew from 0.96 in 2004 to 1.2% in 2015.
The consultant Economy & Regions, places San Juan 2nd in the Activity Level Ranking with a growth of 4% in the first semester of 2017, with respect to the same period of 2016. This position is explained, at least in part, by the amount of investment announcements in the Province: u$S 4407 million, including infrastructure in the period March 2016 - November 2017. U$S 881 million are in execution.
Local exports grew 1059% in the period 2004-2016. Year in which the Province ranks 7th in the National Exports Ranking with a total of US $ 1,903,920,016 FOB
The province presents an auspicious scenario due to the growing diversification of its productive matrix and the Provincial State's commitment to develop sustainable, to the world, sustainable, sustainable and long-term.The growth of the last 15 years, impacts on the development of the mining, agroindustrial, industrial and energy complex; causing the expansion of mining services with international quality, tourism, financial service, logistic and technological services; as well as, the growth of the infrastructure for production.Today, San Juan is strongly committed to investment in its productive complexes with the implementation of measures and incentives that benefit local, national and foreign investors and companies. Besides, San Juan has 6 industrial parks, strategically located, which have services and different tax exemptions for companies that settle in them.
San Juan is a leader in:
1st in gold production with more than 800,000 ounces per year.
1st in production of lime, dolomite and travertine.
1st in exports of gold and lime.
1st in copper reserves.
2nd in production of marble, quartz and talc.
3rd in the production of bentonite, feldspars and micas.
Mining servicesThe mining activity has changed the productive and employment matrix of the Province, generating an exponential growth of the entire mining cluster, from the development of mining services (logistics, transport, catering, hospitality, metalworking, workshops, connectivity, etc.) that comply with international standards and that not only supply mining companies based in the province; but also at the national and international level.Agroindustries
1st in production and export of fresh grapes and raisins.
1st in pistachio production.
Leaders in tomato production for industry.
1st exports of pumpkins and squashes.
2nd in production of wine and olives.
2nd exports of wine.
Alternative energiesLeader in solar energy with excellent prospects in wind and thermal energy generation.
The Province has a Base Infrastructure Plan divided into three key issues.
Water and energy infrastructure: construction of a system of dams in the main rivers of the Province, especially the San Juan River and development of distributed photovoltaic energy production
Road Infrastructure and airport connectivity: reconditioning of national, provincial, mining and rural roads. It includes two ambitious road projects: the San Juan - Mendoza highway (in process of bidding and construction by section) and the Agua Negra Tunnel, whose construction is scheduled to begin in 2019 and finish in 2027. Works to modernize and expand the Domingo Faustino Sarmiento Airport are being carried out to elevate its status to international airport.
Urban infrastructure includes an ambitious plan for redesigning the system of urban transport, historical and cultural spaces of the capital city; the tenth urban conglomerate in the country. In addition, government is developing a basic infrastructure program that includes 15 thousand homes, sewerage services and extension of the potable water network
Fiscal solvency and predictability
San Juan leads the ranking of provinces with the best economic and financial results. "Active Fiscal Solvency" is a State policy in San Juan, with the aim of guaranteeing fiscal balance and predictability. The management of Public Finance shows high standards of transparency and access to information, backed by an Anticyclical Fund that provides predictability and ensures responsiveness to financial commitments.
Good business climate
In San Juan we believe that institutionality is the best added value that a government can add up to development. Therefore, the Government of the Province, promotes a sustainable and open to the world development scheme. We work, every day, to create the necessary conditions, in terms of collaboration, dialogue and legal security, to favor the development of the private sector in the province.The Government of San Juan and the San Juan Agency for Investment Development are the strategic partner of the companies with interest in growing and investing in the Province. The Agency implements a strategy to attract and promote investment, providing quality services to the investor in the stages of preinvestment, filing or expansion and post-investment.